see, nothing wrong with Value Added Taxes and Socialism...nothing at all...except you will never EVER own anything again.
----- Original Message -----
From: Subject: Fw: Current European tax rates:
Want
more info go to;
http://en.wikipedia.org/wiki/Tax_rates_of_Europe
Current European
tax rates:
United
Kingdom
Income Tax: 50%
VAT: 17.5% TOTAL: 67.5%
France
Income Tax: 40%
VAT: 19.6% TOTAL: 59.6%
Greece
Income Tax: 40%
VAT: 25%
TOTAL: 65%
Spain
Income Tax: 45%
VAT: 16%
TOTAL: 61%
Portugal
Income Tax: 42%
VAT: 20%
TOTAL: 62%
Sweden
Income Tax: 55%
VAT: 25%
TOTAL: 80%
Norway
Income Tax: 54.3%
VAT: 25%
TOTAL: 79.3%
Netherlands
Income Tax: 52%
VAT: 19%
TOTAL: 71%
Denmark
Income Tax: 58%
VAT: 25%
TOTAL: 83%
Finland
Income Tax: 53%
VAT: 22%
TOTAL: 75%
If you've started
to wonder what the real costs of socialism are going to
be, once the full program in these United States hits
your
wallet, take a look at the table. As you digest
these mind-boggling figures, keep in mind that in spite
of
these astronomical tax rates, these countries are still
not financing their social welfare programs exclusively
from tax revenues! They are deeply mired in public
debt of gargantuan proportions. Greece has reached
the point where its debt is so huge it is in imminent
danger of defaulting. That is the reason the
European economic community has intervened to bail them
out. If you're following the financial news, you
know Spain and Portugal are right behind Greece
.
The
United States is now heading right down the same
path. The VAT tax in the table is the national sales
tax that Europeans pay. Stay tuned because that is
exactly what you can expect to see the administration
proposing after the fall elections. The initial
percentage in the United States isn't going to be
anywhere
near the outrageous numbers you now see in Europe .
Guess what, the current outrageous numbers in Europe
didn't start out as outrageous either. They started
out as minisculeright around the 1% or 2% where they will
start out in the United States . Magically however,
they ran up over the years to where they are now.
Expect the same thing here.
It
is the notion that with hard work and perseverance,
anybody can get ahead economically here. Do you
think that can ever happen with tax rates between 60% and
80%? Think again. With the government taking
that percentage of your money, your life will be exactly
like life in Europe . You will never be able to buy
a home. You will never buy a car. You will
never send your children to college. Lets not
shuffle the battle cry of the socialists under the rug
either. Its always the same cry. Equalize
income. Spread the wealth to the poor (whoever they
are). Level the economic playing field.
Accomplish that and everything will be
rosy.
Its
time to take a really hard look at reality. Greece
is a perfect example. Despite the socialism system
that has ruled this country for decades, with a 65% tax
rate, they are drowning in public debt, would have
defaulted without hundreds of billions in bailout money,
and still. .. 20% of their population lives in
poverty. What has all that socialism money bought,
besides ultimate power for the politicians running the
show? Do you think these people are "free"?
They're not. They are slaves to their economic
"system."
This is where we
are going unless we throw the present Congress and Obama
out.
Instead of
spreading the wealth around, spread this around. It might
wake some people up.
IN
GOD WE
TRUST
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